Aave Community Proposes $50 Million AAVE Token Buyback Annually
BlockBeats News, October 22nd: The Aave community has initiated a proposal suggesting the institutionalization of AAVE's long-term buyback plan, supported by protocol revenue. This plan will establish an annual budget of $50 million, utilizing flexible execution parameters to allow the Aave DAO to strategically deploy funds for ongoing buybacks and accumulation of AAVE tokens, thus extending the existing buyback initiative indefinitely.
Plan Structure: Annual Budget: $50,000,000; Responsible Parties: Tokenlogic and the Aave Finance Committee (AFC); Weekly Execution Range: Weekly purchases ranging from $250,000 to $1,750,000 worth of AAVE.
The AFC will have the authority to adjust the weekly buyback amount within a 75% fluctuation range, based on factors including market conditions and liquidity, token price volatility, strategic timing considerations, and the availability of protocol revenue.
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
Privacy Coin connaît un retrait significatif, ZEC retrace plus de 23% de son récent sommet
Kyo Finance a réalisé un cycle de financement de série A de 5 millions de dollars, avec Castrum Istanbul en tête de l'investissement.
Activité sur la chaîne des baleines Aperçu : Augmentation de la divergence longue/courte de la ZEC, « 1011 Insider Whale » et plusieurs baleines accumulant de l'éthérée
Hyperliquid a lancé le PIC Contrat perpétuel
Une certaine nouvelle adresse a été 20x plus courte sur BTC, avec un prix d'entrée moyen de $101,653
Assistance client:@weikecs
Collaborations commerciales:@weikecs
Trading quantitatif/Market makers:bd@weex.com
Programme VIP:support@weex.com